"But how much revenue would the iPhone 4 and iPad 2 3G bans cost Apple? My crude estimate is at least $1 billion in revenue."

Yet despite such damning estimates, Apple investors spoke with their money, refusing a large sell-off of company stock despite the verdict.

But given Apple can and will appeal, CNET reports that US analyst firm Piper Jaffray believes the company can still survive even if the ban isn't overturned.

"The actual impact will likely be less than 1 percent given AT&T customers that would not have a chance to purchase an iPhone 4 could buy an iPhone 4S or 5 instead," Gene Munster of Piper Jaffray told the website.

"Given the iPhone 4 will likely be retired at the end of September, there should not be an impact after the September 2013 quarter."

Another avenue for Apple to explore is the ability for the company to bid for a reprieve from the US government, with President Barack Obama and the White House allowed to approve or disapprove the verdict.

In other words, watch this space, this is far from over.

Do you agree with the verdict? Will the ban hit Apple's finances hard? Tell us your thoughts below